| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
137,649 | 125,115 | 26,956 | 93,862 | 67,944 | 87,927 | 88,049 | 91,761 | 70,045 | 39,059 | 43,337 | 70,326 |
Depreciation, Depletion and Amortization | |||||||||||
38,020 | 37,852 | 37,877 | 35,273 | 31,684 | 29,921 | 30,764 | 31,702 | 32,866 | 29,192 | 27,362 | 27,647 |
Restructuring charges (Note 2) | |||||||||||
0 | 0 | 11,384 | 0 | 0 | - | - | - | - | - | - | - |
Share-based Payment Arrangement, Noncash Expense | |||||||||||
13,760 | 12,239 | 11,758 | 9,211 | 7,599 | 9,053 | 10,337 | 10,010 | 7,732 | 7,335 | 5,860 | 5,456 |
Pension expense (Note 14) | |||||||||||
3,382 | 5,901 | 7,142 | 6,332 | 11,955 | 4,836 | 12,268 | 3,673 | -4,967 | 6,391 | 2,655 | -9,848 |
Deferred income tax provision (Note 10) | |||||||||||
1,272 | -4,065 | -31,320 | 14,393 | -1,699 | -5,388 | -3,234 | 213 | 8,800 | - | - | - |
Loss on asset dispositions, net | |||||||||||
-371 | -484 | -557 | 1,453 | 1,745 | 2,094 | 436 | 8,396 | 3,328 | 5,135 | -3,498 | 543 |
Excess tax benefit related to stock plans (Note 6) | |||||||||||
- | - | - | - | - | 2,573 | 2,246 | 2,799 | 632 | 3,462 | - | - |
Pension contributions (Note 14) | |||||||||||
5,537 | 4,718 | 4,094 | 3,878 | 4,058 | 4,077 | - | - | - | - | - | - |
Currency exchange losses, net | |||||||||||
-19,814 | -2,330 | -5,127 | -785 | -2,471 | -1,393 | -5,127 | -3,151 | -2,511 | -235 | 888 | -6,943 |
Product liability expense (Note 19) | |||||||||||
26,619 | 45,327 | 126,432 | 0 | 0 | - | - | - | - | - | - | - |
Collections on insurance receivables and notes receivable, insurance companies (Note 17) | |||||||||||
21,035 | 101,552 | 111,969 | 42,046 | - | - | - | - | - | - | - | - |
Product liability payments (Note 17) | |||||||||||
54,504 | 61,500 | 49,381 | 69,546 | - | - | - | - | - | - | - | - |
Gain (Loss) on Extinguishment of Debt | |||||||||||
0 | -1,494 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in: | |||||||||||
Pension contributions (Note 14) | |||||||||||
- | - | - | - | 4,946 | 0 | 0 | - | - | - | - | - |
Operating cash flow before changes in certain working capital items | |||||||||||
- | - | - | - | - | 64,425 | 126,853 | 116,314 | 87,562 | 33,809 | 54,283 | 84,503 |
Trade receivables | |||||||||||
8,855 | 10,075 | 6,384 | -13,239 | 21,959 | 23,480 | 13,171 | -2,346 | 217 | 10,191 | 33,050 | -6,907 |
Inventories (Note 3) | |||||||||||
23,246 | 11,122 | 30,363 | -14,394 | 9,403 | 600 | 6,296 | -2,677 | 1,230 | 10,744 | 47,105 | -19,482 |
Prepaid expenses and other current assets | |||||||||||
822 | -10,866 | 13,661 | 14,419 | 7,584 | -9,698 | 7,337 | -11,363 | 459 | -7,587 | -2,421 | -10,745 |
Accounts payable and accrued liabilities | |||||||||||
5,801 | 17,985 | 17,870 | -7,603 | 19,690 | 56,988 | 10,732 | 17,776 | -398 | 11,145 | 11,171 | -12,416 |
Deferred income tax (benefit) provision | |||||||||||
- | - | - | - | - | - | - | - | - | 7,162 | -3,376 | 9,645 |
Other noncurrent assets and liabilities | |||||||||||
9,797 | 5,778 | -8,467 | -2,258 | 44,587 | 49,405 | 18,162 | 14,104 | 24,130 | 32,493 | -11,185 | 25,424 |
Other, net | |||||||||||
- | - | - | - | - | 5,168 | -4,386 | -1,103 | 1,335 | 1,693 | -674 | 301 |
Changes in certain working capital items | |||||||||||
- | - | - | - | - | -42,606 | 16,072 | -34,162 | 2,304 | 2,203 | 66,563 | -24,718 |
Cash Flow From Operating Activities | |||||||||||
164,962 | 263,887 | 230,336 | 134,894 | 55,254 | 107,031 | 110,781 | 150,476 | 85,258 | 31,606 | 120,846 | 59,785 |
Investing Activities | |||||||||||
Capital expenditures | |||||||||||
36,604 | 33,960 | 23,725 | 25,523 | 36,241 | 33,583 | 36,517 | 32,209 | 30,390 | 25,024 | 25,737 | 44,450 |
Purchase of short-term investments (Note 16) | |||||||||||
169,245 | 73,022 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from maturities of short-term investments (Note 16) | |||||||||||
174,670 | 18,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Acquisition, net of cash acquired (Note 13) | |||||||||||
33,196 | 0 | 216,308 | 18,156 | 180,271 | 0 | 0 | - | - | - | - | - |
Property disposals and other investing | |||||||||||
218 | 4,587 | 832 | 18,214 | 8,022 | 3,385 | 1,360 | 20,193 | 18,687 | 5,699 | 5,084 | 2,161 |
Property disposals | |||||||||||
- | - | - | - | - | 500 | 0 | 5,269 | - | - | - | - |
Other investing | |||||||||||
- | - | - | - | - | - | - | - | 0 | 262,250 | 123 | 2,084 |
Cash Flow Used in Investing Activities | |||||||||||
-64,157 | -84,395 | -239,201 | -25,465 | -208,490 | -30,698 | -35,157 | -17,285 | -11,703 | -281,575 | -20,776 | -44,373 |
Financing Activities | |||||||||||
Payments on short-term debt, net | |||||||||||
-65 | 51 | 13 | 0 | 5 | -796 | 662 | -128 | 137 | -6,169 | -45,085 | 6,369 |
Proceeds from long-term debt (Note 12) | |||||||||||
864,000 | 462,500 | 637,000 | 382,664 | 510,456 | 406,000 | 295,100 | 183,500 | 164,000 | 325,000 | 0 | - |
Payments on long-term debt (Note 12) | |||||||||||
880,500 | 570,167 | 559,767 | 443,572 | 291,525 | 421,667 | 306,766 | 246,500 | 199,000 | 40,000 | 12,000 | 10,000 |
Debt issuance costs | |||||||||||
0 | 1,216 | 0 | 0 | - | - | - | - | - | - | - | - |
Restricted cash | |||||||||||
- | - | - | - | 264 | 86 | -2,790 | 0 | 0 | - | - | - |
Cash dividends paid | |||||||||||
63,523 | 57,248 | 52,537 | 49,074 | 47,380 | 45,586 | 43,994 | 50,990 | 37,741 | 35,928 | 34,524 | 33,654 |
Distributions to noncontrolling interests | |||||||||||
- | - | - | - | - | 0 | 556 | 0 | 0 | - | - | - |
Company stock purchases (Note 7) | |||||||||||
12,648 | 4,824 | 17,513 | 1,881 | 9,885 | 5,654 | 11,785 | 3,508 | 624 | 7,572 | 206 | 983 |
Exercise of stock options (Note 7) | |||||||||||
7,500 | 8,600 | 18,500 | 12,500 | 1,930 | 6,926 | 9,600 | 4,306 | 1,316 | 7,809 | 255 | 755 |
Employee stock purchase plan (Note 6) | |||||||||||
641 | 556 | 532 | 571 | 488 | 0 | 0 | - | - | - | - | - |
Excess tax benefit related to stock plans | |||||||||||
- | - | - | - | - | 2,573 | 2,246 | 2,799 | 632 | 3,462 | -386 | 885 |
Other, net | |||||||||||
0 | -1,494 | -590 | -530 | 596 | - | - | - | - | - | - | - |
Cash Flow Used in Financing Activities | |||||||||||
-84,624 | -163,269 | 25,603 | -99,346 | 164,949 | -58,118 | -58,240 | -110,521 | -71,280 | 246,602 | -91,946 | -36,628 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||
-4,242 | -13,508 | 6,189 | -3,479 | -11,786 | -8,482 | -3,837 | 110 | -2,097 | 1,144 | 2,965 | -2,871 |
Decrease in cash, cash equivalents and restricted cash | |||||||||||
11,939 | 2,715 | 22,927 | 6,604 | -73 | 9,733 | 13,547 | 22,780 | 178 | -2,223 | 11,089 | -24,087 |
Supplemental cash flow information: | |||||||||||
Interest paid in cash | |||||||||||
14,490 | 20,408 | 15,504 | 15,861 | 10,818 | 9,663 | 10,884 | 10,772 | 13,969 | 8,379 | 7,304 | 7,895 |
Income tax paid in cash | |||||||||||
48,673 | 40,587 | 40,376 | 57,551 | 50,001 | 31,679 | 36,242 | 29,807 | 21,739 | 25,383 | 8,404 | 37,352 |